$4,209

Avg. Federal Grant

$4,970

Avg. Federal Loan

$7,670,601

Total Aid Awarded

Harford Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$7.671M

Financial Aid Official Website

www.harford.edu/student-services/financial-aid.aspx

Students can avail of scholarships provided by the college, such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 57% of students at HCC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,609,539. Notably, a total of 35% of the applicants to Harford Community College receive the Federal Grant every year. On the other hand, 47% of the candidates get the Student Grant, 18% receive the Institution Grant, and 34% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,550, and the same stands at $1,225 for State Grant awardees and $1,650 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,483. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Harford Community College, the percentage of candidates who opt to avail of student loans is around 14%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

13%

Institution Grant Aid

17%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$4,209

State Grant Aid

$1,194

Institution Grant Aid

$1,819

Pell Grant

$4,145

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,566

$30,001 - $48,000

$4,403

$48,001 - $75,000

$2,362

$75,001 - $110,000

$754

Over $110,000

$143

Student Loans for Harford Community College

Average Loan Amount Average Loan Amount received per year.

$5,057/Year

Students Taking Out Loans

17%

Loan Default Rate

8.9%

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